Jaguar Land Rover says committed to investment decisions after Brexit

Fri Jun 24, 2016 2:41am EDT
 
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NEW DELHI (Reuters) - Indian automaker Tata Motors Ltd's (TAMO.NS: Quote) British luxury arm Jaguar Land Rover will remain committed to all its manufacturing sites and investment decisions, a company spokeswoman said in a statement on Friday.

Earlier on Friday Britain voted to leave the 28-nation European Union bloc.

Jaguar Land Rover, Britain's biggest carmaker, relies on Europe for about 20 percent of its global sales.

"Europe is a key strategic market for our business ... we remain absolutely committed to our customers in the EU," the spokeswoman said in the statement.

(Reporting by Aditi Shah; Editing by Swati Bhat)

 
The Jaguar logo is pictured at a Jaguar Land Rover showroom in Mumbai February 13, 2013.    REUTERS/Vivek Prakash/File Photo